Donnybrook, North Dakota Property Taxes
The median property tax rate in Donnybrook, ND is 0.65%, considerably lower than both the national median of 0.99% and the North Dakota state median of 1.30%. With the median home value in Donnybrook at $144,600, the typical annual property tax bill reaches $959, well below the national median of $2,690. Property taxes in Donnybrook are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Donnybrook's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Donnybrook or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Donnybrook, North Dakota Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,600
Ownwell’s Donnybrook Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Donnybrook with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Donnybrook to provide an estimate of your property tax bill. This user-friendly tool helps you understand potential tax liabilities easily. For those interested in more detailed insights, neighborhood-level trends are also available. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Donnybrook, North Dakota
Property taxes in Donnybrook, North Dakota, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Donnybrook is 0.65%, lower than the U.S. national median of 0.99%. Local government entities within Donnybrook set these rates annually, and they can vary significantly across different neighborhoods. Each year, Donnybrook estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Donnybrook's effective property tax rate to other areas in Mountrail County and the national median. For comparison, the zip code 58734 has the highest median property tax rate of 0.65%, while the same zip code also has the lowest median tax rate of 0.65%. Understanding how these areas compare with Donnybrook provides valuable insights into the varying tax landscape across Mountrail County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Donnybrook Tax Rate
0.65%
Average Mountrail County Tax Rate
0.60%
Average North Dakota Tax Rate
1.30%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donnybrook, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58734 | 0.63% | 0.64% | 0.65% | 0.65% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Donnybrook, North Dakota
In Donnybrook, North Dakota, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Mountrail County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Donnybrook, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Donnybrook helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 58734, both at $959.
Property Tax Assessment Values Across Donnybrook, North Dakota
Source: Ownwell
$39,300
$110,100
$180,900
Average Donnybrook Assessed Value
$144,600
Average Mountrail County Assessed Value
$139,300
Average North Dakota Assessed Value
$217,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Donnybrook, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58734 | $122,600 | $141,200 | $144,600 | $156,800 | $200,060 |
Source: Ownwell
Property Tax Bills Across Donnybrook, North Dakota
In Donnybrook, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $144,600. Homeowners can expect their tax bills to vary, with the 25th percentile paying around $911, while those in the 75th percentile pay approximately $1,015. For the top 10% of property values, tax bills can reach up to $1,299. These tax bills are determined by multiplying the assessed value of the property by the local tax rate. Factors such as property improvements, market conditions, and neighborhood developments can influence the assessed value, thereby affecting the tax bill. Compared to the national median property tax rate of 0.99%, Donnybrook's rates are relatively moderate, providing a balanced approach to funding local services without placing an undue burden on homeowners. This system ensures that property taxes are equitable and reflective of the property's value in the market.
Average Donnybrook Tax Bill
$959
Average Mountrail County Tax Bill
$783
Average North Dakota Tax Bill
$2,659
Average United States Tax Bill
$2,690
Property Tax Bills Across Donnybrook, North Dakota
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 58734 | $773 | $911 | $959 | $1,015 | $1,299 |
Source: Ownwell